Cryptocurrency Meets Gaming
Part 2: Gaming Cryptocurrency
The gaming industry is evolving into a new decentralised world through blockchain technology. In the past, there has always been a form of rewards and tokens in gaming. By completing quests or challenges, you’ll earn certain number of coins. Hence, cryptocurrency is a no-brainer for the gaming world.
Companies like Refereum are cutting the middle man to allow game developers to easily reach their audience. Like Bountie Coins, they have Refereum Token.
Rising Trend
Thanks to Bitcoin, cryptocurrency is a rising. The F.O.M.O (fear of missing out) around Bitcoin causes people to try and copy. There are a lot of cryptocurrency out there. Stay up to date with cryptocurrencies on Coin market — https://coinmarketcap.com/all/views/all/
Cryptocurrency and blockchain is a rapidly growing market. You know what else is rapidly growing? eSports and gaming. Global revenue from the Gaming industry rose from $194 million to $463 million between 2014 and 2016.
In 2017, there’s about 2.2 billion gamers across the globe that’s expected to generate $108.9 billion in game revenues. A $7.8 billion increase from the year before.
Cryptocurrency In Gaming
Focusing on the Asia market, Bountie will be releasing Bountie Coins through Bountie Coins (BTIE) are the exclusive and underlying currency on the platform. It can be used to buy into tournaments, as well as to trade and purchase gaming products. Aside from match winnings and quest rewards, Bountie Coins may be acquired through: referral reward, giveaways and purchase.
Bountie is launching pre-ICO in February and ICO in March. Subscribe to our newsletter over at Bountie. Companies who have launched ICOs ranges from early stage startups to brand new startups (with zero product), raising millions of dollars.
Who have successfully raised ICO?
Based on CoinMarketCap and Bitcoin Market Journal, these are the top 5 ICOs.
There’s no doubt that ICOs relating to gaming industry will have a bright future.
Why Cryptocurrency?
To put it simply, it’s digital money associated with cryptography.
Cryptography: The process of converting legible information into an almost uncrackable code. Used to track purchases and transfers.
Contrasted with blockchain, cryptocurrency has to do with the use of tokens based on the distributed ledger technology. Anything dealing with buying, selling, investing, trading, microtipping, or other monetary aspects deals with a blockchain native token or subtoken.
- Blockchain.WTF
Cryptocurrency such as Refereum Token and Bountie Coins ensures secure database and transactions. With the evolution of Internet, hacking and fraud transactions are quite common. Cryptocurrency removes that.
What’s Bountie?
Bountie is a platform for gamers in Asia to make a living while playing their favourite games, a big eco-system of gamers, merchants and game developers.
Read our whitepaper : Bountie Whitepaper
Chat with us on telegram! Bountie Telegram
Facebook | Twitter | Instagram | Quora | Earn Money Playing Games
